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Palm Desert, CA Real Estate News

By Kimberley Kelly, SFR, HAFA, GREEN, I do Real Estate like I played polo-to WIN!
(HK Lane, Christie's International Affiliate, 760-285-3578)
    Short Sale's won't stop..   Short Sales are here to stay....for awhile anyway.  Just my opinion of course, but it would appear that with unemployment remaining high and the demand for housing flat, not too hard to predict.  Sales are up approx. 25% in our desert region..great news!  Inventory in particular developments in particular areas is low..hooray again!  But..we won't be seeing many new housing starts and there truly is a backlog of "shadow inventory" somewhere.  Those loans are there, we just don't see them...yet.  I have been reading about "shadow Inventory" for several years now.  From dealing with the Lenders on the Short Sales I have been working, it still feels like they are not ready to sell these properties until they are READY.  What I mean is, if an offer comes alon...
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By Graham Holmes - Yucaipa Homes Listing Agent, When Experience Matters
(Reviron Realty - RDCPro e-Pro Listing Broker)
Graham Holmes | REviron Realty | 888-640-2346 x111 41770 Colada CT, Palm Desert, CA Beautiful Home in the lovely Casablanca Gated community in Palm Desert 2BR/2BA Condo offered at $205,000 Year Built 1980 Sq Footage 1,280 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size 3,049 sqft HOA/Maint $380 per month DESCRIPTION Beautiful Home in the lovely Casablanca Gated community. Gorgeous tile flooring throughout this Bank Owned Home. With two bedrooms including a huge master bedroom this home is move in ready. Fresh paint. 2 car garage. 4 community pools and 4 hot tubs & 3 tennis courts. Park like side yard with enclosed rear yard. Sold AS-IS, this bank/lender owned property is priced well below market and creates an excellent opportunity for you! It is a turnkey...
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By Bill Ness, 55Places.com, Active Adult Community Guide
(55Places.com)
Sun City Palm Desert is a true Del Webb masterpiece in the Coachella Valley of California. This resort-style active adult community of 5,000 homes is an amazing retreat complete with three clubhouses, two championship golf courses, multiple restaurants and so much more! The Coachella Valley is known for its perfect weather averaging 350 days of sunshine a year. Everywhere you look there are breathtaking mountain views, lush landscaped grounds and sparkling water features. The Palm Desert area is well known for its outdoor recreation including mountain hiking, camping, horseback riding and of course, golf! Active adult communities in California offer some of the best golf in the country. Sun City Palm Desert residents enjoy the Mountain Vista Golf Club boasting a total of 36-holes. Golfe...
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By Nancy Hankin
(RE/MAX Real Estate Consultants)
Looking for the latest "up-to-date" real  estate news or mortgage rates? Look no further. I have the latest  Real Estate News and Mortgage Information  at your fingertips! Real Estate has been a pretty "hot" topic for the past 10 years. We've seen the market soar to new heights in 2005, then begin to steadily fall from 2006 until 2010. Although some markets are experiencing price decreases, in many areas it appears we've "hit the bottom." Another area which has helped the economy recover, has been  very low, and attractive, interest rates.  They are still under 5%. This has been a big help to many who would not normally qualify, if rates had been higher.  I can still remember buying my first home in 1970. At that time rates were 8%, and we felt we were getting a great rate. When was the...
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By Tina D Saporito, Your Dedicated Palm Desert, CA Realtor Since 2005, Call (760)799-8460. www.JustListedinPalmDesert.com
(Ronald Christopher & Associates. Proudly serving Palm Desert, La Quinta, Indio, Rancho Mirage & Palm Springs.)
Palm Desert Short Sale Listing SOLD! Bursera Way, Palm Desert CA Buyers don't let another short sale deal fall apart. Deal with an experienced Palm Desert Short Sale agent!     If you are considering selling your home as a short sale in the Palm Desert area, please contact me for a free consultation to see if a short sale will work for you. Palm Desert New Listings l Palm Desert Foreclosures l Palm Desert Short Sales
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By Kathy Schowe, La Quinta, California 760-333-8886
(California Lifestyle Realty)
Palm Desert's Newest Wine Shop! 3rd Corner Wine Shop & Bistro is opening in Palm Desert, Ca. on June 25, 2010 The 3rd Corner Wine Shop & Bistro is a paradise for food and wine lovers alike. The 3rd Corner Wine Shop & Bistro is pleased to announce the opening of its newest restaurant June 25, 2010. Matt Smith will be the Executive Chef with Marc Plummer as the general manager. This unique and affordable concept that reflects a new generation of restaurants features a living wine list, wonderful food and late night dining. The 3rd Corner Wine Shop & Bistro is conveniently located at the corner of highway 74 between El Paseo and Hwy 111 in Palm Desert. Chef Matt Smith attended the world famous Le Cordon Bleu in Paris, France. His apprenticeships included training at the famous Tallievent i...
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By Kathy Schowe, La Quinta, California 760-333-8886
(California Lifestyle Realty)
Events for Kids in the Desert Area!   Bring your kids to the desert this summer for the Living Desert's Summer ZooCamp Sleepover! Summer ZooCamp consists of six weekly sessions. Each themed class focuses on an entertaining and educational topic, geared to the specific age level, at which it’s offered. ZooCampers will be excited by the special behind-the-scenes tours and animal encounters you can only find at The Living Desert! And NEW this year – ZooCampers ages 6-12 can become Junior Rangers at the Palm Springs Aerial Tramway! Summer ZooCamp is offered for ages 4-5, 6-7, 8-9 and 10-12. Weekly session run Monday through Friday from 8:00a.m. to 12:00 noon. Summer ZooCampers need to come equipped for outdoor activity with a snack, lunch and water bottle each day. ZooCamp Sleepover Option!...
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By Elaine Stewart, RE/MAX All-Pro
(Elaine Stewart is the #1 Individual RE/MAX Agent for 13 years straight in the Coachella Valley. (760) 668-2399 )
Instead of looking at postcards and hoping one day, why not turn your dream life into a reality with the Marrakesh Country Club. This comfortable community is filled with enjoyable activities, breathtaking views, and a weather pattern that is worth boasting about. Palm Desert Real Estate has never been better with Marrakesh Country Club offering homes of 1,500 to 3,000 square feet featuring 10 foot ceilings, atriums and courtyards.  The views are magnificent within the community and many homes feature large glass windows overlooking the golf course, green belts, pools and mountains.  And with large patios to relax on, you can bask in the sun without a worry in the world. This premier Palm Desert Real Estate ranges from $200,000 to $600,000, offering an opportunity to live luxurious for ...
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By Elaine Stewart, RE/MAX All-Pro
(Elaine Stewart is the #1 Individual RE/MAX Agent for 13 years straight in the Coachella Valley. (760) 668-2399 )
Avondale Golf Course Homes: The Avondale Golf Club originated back in 1969 as it became one of the first private clubs in Palm Desert. Palm Desert Real Estate is getting snapped up and the Avondale Golf Club renovations have kept the club booming with a plethora of amenities and a golf course to rave about. Every country club is going to have its fair share of activities and an attractive setting that is aesthetically pleasing.  However, Avondale takes it to the next level with a social calendar filled with events and activities for guests and residents to partake in.  Whether it is a family style dinner, a fun round of golf or enjoying the gorgeous scenery, Palm Desert Real Estate is at its best here. Speaking of Palm Desert homes for sale, you will find a wide variety of homes to choo...
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By Elaine Stewart, RE/MAX All-Pro
(Elaine Stewart is the #1 Individual RE/MAX Agent for 13 years straight in the Coachella Valley. (760) 668-2399 )
Desert Falls Country Club, Palm Desert has become well known for its friendly community and wide range of housing since its establishment in 1984.  Palm Desert Real Estate with its fine communities and numerous golf courses to rave about, is one area worth taking a look at. Desert Falls Country Club, Palm Desert is owned and operated by the nationally acclaimed Club Corp of America, it certainly has a reputable image that people embrace.  Desert Falls Country Club is a friendly gated community that offers nearly 1,100 homes to choose from.  The great thing about the area is that it is possible to find everything from a villa to a single family home to a luxurious custom estate home.  There are no limits thus opening the doors to people of all kind.  When first approaching the community,...
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By Graham Holmes - Yucaipa Homes Listing Agent, When Experience Matters
(Reviron Realty - RDCPro e-Pro Listing Broker)
Graham Holmes | REviron Realty | 888-640-2346 x111 41770 Colada CT, Palm Desert, CA Beautiful Home in the lovely Casablanca Gated community in Palm Desert 2BR/2BA Condo offered at $225,000 Year Built 1980 Sq Footage 1,280 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size 3,049 sqft HOA/Maint $380 per month DESCRIPTION Beautiful Home in the lovely Casablanca Gated community. Gorgeous tile flooring throughout this Bank Owned Home. With two bedrooms including a huge master bedroom this home is move in ready. Fresh paint. 2 car garage. 4 community pools and 4 hot tubs & 3 tennis courts. Park like side yard with enclosed rear yard. Sold AS-IS, this bank/lender owned property is priced well below market and creates an excellent opportunity for you! It is a turnkey...
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By Elaine Stewart, RE/MAX All-Pro
(Elaine Stewart is the #1 Individual RE/MAX Agent for 13 years straight in the Coachella Valley. (760) 668-2399 )
If you would like to see any of the properties listed below which are Bank Owned Properties / Foreclosures in Palm Desert , please call us at the numbers below. Were committed to helping you find the home of your dreams. As a Real Estate Agent with over 20 years of experience in the local Real Estate market, Elaine truly enjoys helping people in the process of buying or selling a home. Elaine Stewart - Remax Real Estate Consultants Mobile: (760) 668-2399 - Office: (760) 391-4415 Email: desertrealestate1@yahoo.com
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
FEATURED LISTING Beautiful Vacation Home in Palm Desert47 Payson, Palm Desert3 Bedroom 2 bath 1,900 s. ft. $369,000Welcome to this wonderful gated, Tucson community in desirable Palm Desert. This beautiful corner property has 3 bedrooms and 2 full baths in nearly 1900 sq. ft. including a Great Room with a Custom Fireplace, and Granite and Marble throughout.  Enjoy Serenity, Privacy and Mountain Views from the Patio, Pool or Jacuzzi.  The home is in pristine condition. The Tucson community offers privacy, yet it is centrally located, a 5 minute walk to the Indian Wells Tennis Garden, shopping and more.   CLICK HERE FOR ADDITIONAL INFORMATION ON THI8 PROPERTY
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By Lori Bowers, The Lori Bowers Group
Americas Favorite Big top Circus is in Palm Desert.  Tonight is the opening night and it has been so much fun to see the kids standing around watching the big tent go up.  Circus Vargas will be in town through the  weekend at the West field Mall Parking Lot The theater-style tent seats 1,500 people comfortably.. The tent consists of 90,000 square feet of fabric and is supported by 500 individually placed stakes and over four miles of rope and cable weighing over 17 tons. It is amazing even as an adult to see the big tent and work that goes into setting it up. Just driving by this morning brought back memories of going to the circus as a child.  The clowns, the cotton candy and the people flying through the air.  Amazing how quickly the circus can bring you right back to the innocence of...
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By Michael Layton, Experience and Trust
(PSagent.com)
Current Sales Stats (Dec 2009): There are 370 homes and 489 condos currently for sale in all areas of Palm Desert both representing a steady decline, month after month, since early 2009.  Inventory, measured in Months supply of inventory, is at a two year low. There were 42 homes and 48 Condos put under contract in the month of December 2009. Sales totals were 56 homes and 53 condos in the sold category! The most expensive home sold in Palm Desert in the month of December 2009 was a 3,500 Square foot home located in Bighorn country club that sold for a cool $2,000,000.  Click here to see home listed for sale in Palm Desert  to see Condos for sale in Palm Desert Click here. Michael Laytonwww.PSagent.com Palm Springs California Area Real Estate
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By Lori Bowers, The Lori Bowers Group
WildLights Holiday Festival Make sure if you are in the area to plan on going to  The Living Desert.  During the holidays this place is amazing and you cant help but get into the holiday spirit.  The lights are everywhere, and the model train display is sure to be a hit for men and boys alike.  This is such a fun place to go and people of all ages will love it. November 25 - 28, 2009December 18 - 23, 2009December 26 - January 2, 2010 6:00pm - 9:00pm 760-346-5694 ext. 2000 Sponsored by The H.N. and Frances C. Berger Foundation and the City of Indian Wells, The Living Desert will open the yuletide season with a festive light display, featuring more than 350,000 twinkling lights that illuminate the park after dark, turning the desert into a holiday winter wonderland. Special visits from Sa...
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By Mary MacGregor, La Quinta Country Club Homes
(HomeSmart Professionals)
The Living Desert's annual fall plant sale takes place this weekend so Kirk and I headed over there yesterday after the eventful morning on El Paseo. We'd breakfasted at the newly-opened Italian-themed cafe, Il Sogno, where we spied a favorite artist in town from Flagstaff. Connie Townsend, an artist who specializes in animal portraits, had just delivered new canvases to her desert gallery, The Christopher Morgan Gallery, a few doors up the boulevard. Contentedly stuffed with quiche and coffee and glowing from the unexpected artist rendez-vous, Kirk and I continued our memorable outing at The Living Desert, located just a few blocks north of El Paseo. The wildlife and botanical park, founded in 1970 by Karen Sausman, straddles both Palm Desert and Indian Wells and features the flora and...
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By Mary MacGregor, La Quinta Country Club Homes
(HomeSmart Professionals)
Picture this. I'm happily tucking into a Saturday breakfast repast of savory Quiche Lorraine and French-press coffee at brand-new cafe, Il Sogno, overlooking Palm Desert's scenic boulevard El Paseo when I spy a familiar face approach the outside bistro tables. "Surely that can't be Connie Townsend," I wonder aloud to Kirk. When I see the curly-haired woman snapping close-up photos of a bandana-wearing pooch, I realize it has to be a favorite artist who specializes in canine portraits. Connie spies me staring at her through the plate-glass window and mouths, "Mary?" Although we've met only once early last year at a gallery event on this same boulevard—when I was instantly smitten with her whimsical, colorful acrylics of endearing dogs and cats—we've gotten to be friends via email and ani...
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